95% of World’s Top 250 Companies Now Publishing Carbon Targets: KPMG Report

The KPMG 2024 Survey of Sustainability Reporting highlights a global surge in ESG adoption as businesses prepare for mandatory reporting under frameworks like the EU’s CSRD. Key findings show 95% of G250 companies now publish carbon reduction targets, 56% have sustainability leaders, and 30% link executive pay to ESG goals. Reporting biodiversity has doubled, and voluntary frameworks like GRI and TCFD remain widely used. European firms lead in aligning with new regulations, with half already using double materiality. The report underscores sustainability’s integration into business strategy, emphasizing its role in creating long-term value while addressing global climate and governance challenges. Resources: https://esgnews.com/95-of-worlds-top-250-companies-now-publishing-carbon-targets-kpmg-report/